Food Technology Service, Inc. Reports Increased Net Income

Food Technology Service, Inc., VIFL had revenues of $815,275 during the third quarter of 2010 compared to revenues of $547,685 for the same period in 2009. This is an increase of approximately 49 percent. The Company had income before taxes during the third quarter of 2010 of $319,411 compared to income before taxes of $62,491 during the third quarter of 2009. This is an increase of approximately 411 percent. For the first three quarters of 2010, the Company had revenues of $2,238,329 and income before taxes of $824,626. Revenues during the first three quarters of 2009 were $1,875,239 and the Company had income before taxes of $410,289. Revenues increased by approximately 19.4 percent and income before taxes increased by approximately 101 percent in the first three quarters of 2010 compared to the same period in 2009.